Aakaar Iron Creations Tool Design Engineer Salaries by 3 Employees

4 - 8 years exp.

₹4.6 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% more than the average Tool Design Engineer Salary in Iron & Steel Companies for 4 - 8 years of experience

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Last Updated: 7 Mar 2024

Companies similar to Aakaar Iron Creations for Tool Design Engineer

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Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 52% less
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Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 9% more
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Tool Design Engineer salary at Aakaar Iron Creations ranges between ₹4.6 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Aakaar Iron Creations.

Experience wise Aakaar Iron Creations Tool Design Engineer salaries

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for Aakaar Iron Creations

Manager in Bhiwadi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Feb 2025

5.0

for Salary and Benefits

Likes

I enjoy working at Aakaar Iron Creations Pvt Ltd because of the positive and supportive work environment. Everyone in the team is collaborative, and we work together towards a common goal. The management is also approachable and open to feedback, which makes it a great place to work. Overall, I'm happy with the company culture and the opportunities provided.

Salary - Excellent

+6 more

Dislikes

Nothing

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aakaar Iron Creations Tool Design Engineer Salary FAQs

How the salary growth look like for a Tool Design Engineer at Aakaar Iron Creations in India?

The salary growth for a Tool Design Engineer at Aakaar Iron Creations depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Aakaar Iron Creations:

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Aakaar Iron Creations Tool Design Engineer Salaries

Aakaar Iron Creations Tool Design Engineer salary in India ranges between ₹4.6 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Aakaar Iron Creations latest salaries received from various employees of Aakaar Iron Creations.